NextCard Launches Index
To Rank E-Commerce Sites

By

Lisa Bransten The Wall Street Journal Interactive Edition

Updated Aug. 23, 1999 11:36 a.m. ET

SAN FRANCISCO -- Online credit-card company NextCard Inc. launched a new index Monday based on transactions made by its 100,000 cardholders, offering some of the first hard data about how consumers are actually spending money online.

The index, which will be available on the company's Web site, ranks sites by the number of transactions conducted by NextCard cardholders each month. NextCard will release a list of the top 25 e-commerce sites -- of about 3,000 ranked overall -- at least once a month and will show whether...